SCHEDULE: Vanguard Discloses 5.23% Stake in IDACORP

Vanguard Capital Management has reported beneficial ownership of 5.23% of IDACORP Inc.'s common stock as of March 31, 2026.

Summary

• Vanguard Capital Management, along with its affiliates, now beneficially owns 2,876,053 shares of IDACORP Inc. common stock.
• This holding represents 5.23% of the total class of securities.
• The filing indicates sole dispositive power over these shares.
• Vanguard Capital Management also has sole voting power over 432,529 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of institutional ownership and does not provide new operational or financial information about IDACORP.

Positives

• Vanguard Capital Management's significant stake suggests confidence in IDACORP's long-term prospects.
• The reporting of beneficial ownership is a standard disclosure, indicating transparency.

Negatives

• The filing does not contain any negative financial or operational information about IDACORP itself, as it is a disclosure of ownership by Vanguard.

Risks

• As a large institutional holder, Vanguard's future investment decisions could impact IDACORP's stock price.
• Potential for future changes in Vanguard's holdings could introduce volatility.

Future Outlook

This filing is a disclosure of ownership and does not contain forward-looking statements or guidance from IDACORP.

Management Comments

• Vanguard Capital Management, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein.
• Ashley Grim, Head of Global Fund Administration, certified that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that large institutional ownership, such as Vanguard's stake, is common in the utility sector, reflecting the sector's stability and dividend-paying nature. This filing indicates Vanguard's continued investment in IDACORP, a regulated utility company.

Stakeholder Impact

• Shareholders: The filing confirms a significant institutional investor's stake, which can be viewed positively for stability, but also implies potential for future trading activity by Vanguard that could influence share price.
• Management of IDACORP: The presence of a large institutional holder like Vanguard may influence corporate governance discussions and strategic decisions.
• Creditors: No direct impact mentioned.

Next Steps

• Vanguard will continue to hold or manage its beneficial ownership of IDACORP shares.
• IDACORP will continue its operations as a regulated utility company.

Key Dates

Keywords

IDACORP, Vanguard Capital Management, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Energy Utility